In 2023, the import of parts of hydraulic turbines and water wheels to Angola stood at approximately 33.335 million USD. Analyzing the forecasted data for the following years, the value is expected to rise progressively from 33.777 million USD in 2024 to 35.476 million USD by 2028. The year-over-year growth rates for 2025 and 2026 are 1.3% and 1.2%, respectively, indicating a steady upward trend. From 2027 to 2028, the year-on-year variation remains consistent at about 1.2%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.2%.
Future trends to watch for include potential changes in government policies, investments in renewable energy infrastructure, and fluctuations in global trade conditions that could significantly impact import volumes and values. Additionally, technological advancements in hydraulic turbine and water wheel technologies might influence future import demands and cost structures.
